Nifty falls for 5th day; Sensex drops 281 points amid rising crude oil prices
Indian stock markets, including the Sensex and Nifty, declined for the fifth consecutive day as rising crude oil prices and geopolitical tensions in West Asia dampened investor sentiment. Despite the broader market downturn, some sectors saw gains while analysts noted that uncertainty regarding the Strait of Hormuz continues to pressure equity markets.
Why it matters
Market volatility in India is increasingly tied to global energy prices and the stability of the Middle East, impacting investor confidence.
Benchmark indices Sensex and Nifty ended lower on Monday (August 17, 2026) amid rising crude oil prices and persistent geopolitical tensions in West Asia.
The 30-share BSE Sensex declined 281.09 points, or 0.36%, to settle at 77,728.16. During the day, it dropped 555.5 points, or 0.71%, to 77,453.75.
The 50-share NSE Nifty was down 78.35 points, or 0.32%, to end at 24,287.65, taking the losses to the fifth day.
From the Sensex pack, Infosys, HCL Tech, Sun Pharma, Tata Consultancy Services, Tech Mahindra and ITC were among the biggest laggards.
Tata Steel, Axis Bank, Reliance Industries and Bharat Electronics were among the winners.
Brent crude, the global oil benchmark, climbed 1.11% to $89.50 per barrel.
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